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5349 stories by Casino.org Staff Writer

casino revenue credit rating risk

Casino Revenue Gives State Governments Quick Fiscal Boost, But Long-Term Could Put Credit Rating at Risk

Casino taxes have become a tempting cookie for many a US state looking to turn red to black in their ledger books. And for states like Nevada and New Jersey with active gaming industries, those revenues can indeed be a key component...

Casino.org Staff Writer August 2, 2017
William Hill retail betting

William Hill’s Profits Slump on Shift from Retail to Digital Betting

Sports betting stalwart William Hill has seen a steep decline in profits for the first half of 2017, according to its latest financial reports. The company cites unfortunate soccer results and a decline in land-based betting as primary causes, but also looks...

Casino.org Staff Writer August 2, 2017
A government committee is traveling across Japan in hopes of mustering up support for Prime Minister Shinzo Abe's casino plans. (Image: Embassy of Japan)

Japan Embarking on Countrywide Tour to Explain Casino Policies, Gain Public Support

The future of the Japanese casino industry will be the topic at nine public hearings later this month, with the goal of presenting the framework for the country's proposed integrated resorts (IR), and gathering feedback on policies. With 44 percent of Japan's...

Casino.org Staff Writer August 2, 2017
Neymar transfer Paris Saint-Germain

Neymar Transfer to Paris Saint-Germain Kicks Sportsbooks Where It Hurts

Neymar has been granted permission by Barcelona to leave the club and transfer to Paris Saint-Germain, but only if his targeted team agrees to pay his €222 million ($262.5 million) buyout clause. And while that price seems absolutely insane considering it's only...

Casino.org Staff Writer August 2, 2017
New Jersey in talks with Nevada, Pennsylvania over online poker liquidity

New Jersey Hopeful for Online Poker Liquidity-Sharing With Nevada and Pennsylvania but Not UK

The New Jersey Division of Gaming Enforcement said this week it had reopened talks with Nevada about online poker liquidity sharing and that it’s also eager to pool its players with Pennsylvania if that state opts to regulate online gaming, as expected....

Casino.org Staff Writer August 1, 2017
Queensland Premier Annastacia Palaszczuk

Queensland Rejects Proposed $2.4 Billion Casino on Australia’s Gold Coast

The state government of Queensland has jettisoned a proposal that would’ve brought an AU$3 billion ($2.4 billion) casino resort to Australia’s Gold Coast just days after Caesars Entertainment reportedly came on board with the project. Developers ASF Consortium, an Australia-based company that...

Casino.org Staff Writer August 1, 2017
Steve Bartman's World Series ring

Cubs Present Infamous Fan Steve Bartman with 2016 World Series Ring

Steve Bartman, the most famous Chicago Cubs fan for all the wrong reasons, was presented an official 2016 World Series ring by the baseball team as a gesture of apology for one of the ugliest incidents in the ball club’s storied history....

Casino.org Staff Writer August 1, 2017
New Jersey Lottery Quick Draw

New Jersey Lottery “Quick Draw” Game Expands Casino Gambling, Lawmaker Argues

The New Jersey Lottery is overstepping its authority in debuting a new keno-style game that is drawn every five minutes and primarily sold at restaurants, bars, and bowling alleys, so claims Assemblyman Vince Mazzeo (D-Atlantic County). The state politician representing the interests...

Casino.org Staff Writer August 1, 2017
Madison Square Garden eSports

Madison Square Garden Buys Controlling Stake in eSports Franchise Counter Logic

The company behind Madison Square Garden is adding eSports to its portfolio of live entertainment offerings by purchasing a controlling stake in Counter Logic Gaming, the oldest and one of the most successful League of Legends (LoL) organizations. Counter Logic was founded...

Casino.org Staff Writer August 1, 2017
Macau casino revenue July

Macau Casino Revenue Tops Expectations, July Marks One-Year Winning Streak

Macau casino revenue is up for the 12th straight month, with July gross income totaling 22.9 billion patacas ($2.86 billion). That's a 29 percent premium on the same month in 2016, the biggest monthly gain during the yearlong surge. The median forecast...

Casino.org Staff Writer August 1, 2017